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Check options without a score impact
See available rates and terms with a soft credit inquiry. A hard inquiry may be required later if you submit the full application.
Home equity without replacing your current mortgage
AXEN HELOC
Turn available equity into a flexible home equity line for a primary home, second home or eligible investment property—with a streamlined online process through Brannon Harnish at NEXA Mortgage.
Checking available rates and terms begins with a soft credit inquiry that does not affect your credit score. A hard credit inquiry may be required if you continue with a full application.
Primary homesEligible owner-occupied properties
Second homesEligible vacation and secondary residences
Investment homesEligible non-owner-occupied properties
Up to $750KFor qualified borrowers and properties
A standalone equity line
Keep your current mortgage. Access the equity you built.
A HELOC can provide access to cash without refinancing your existing first mortgage. That can be especially useful when you want to preserve the rate and payment on your current loan.
AXEN may be available in first, second or third lien position when the property and full application meet current guidelines. The full approved amount, less any applicable origination fee, is advanced at closing. As principal is repaid, eligible funds may become available to draw again during the draw period.
Fixed initial advanceRedraw featureSoft-credit option check
Program highlights
A simpler way to put home equity to work.
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Online from application to closing
Link eligible accounts, complete verification online and use remote support and online notary services in many locations.
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Possible funding in about a week
Eligible loans using a remote online notary may fund in as few as five business days. Local recording rules, waiting periods and additional review can extend the timeline.
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Streamlined property valuation
Many eligible files use automated valuation and a property-condition review instead of a traditional appraisal. Selected lines above $400,000 require an appraisal, and added valuation may be required in other cases.
Important fee note: an origination fee may apply and is deducted from the initial advance. Your available rate, fee, net proceeds and complete terms are shown before closing. Ask Brannon to review the offer with you before you proceed.
Eligible property uses
One line of credit. More than one kind of home.
Eligible single-family homes, townhouses and condominiums may be considered, subject to property, location and underwriting requirements.
- Primary residences
- Second homes
- Eligible investment properties
- First, second or third lien position when permitted
- Program availability varies by state and property location
Ways borrowers use equity
Use the funds for the plan in front of you.
Improve
Renovations and property upgrades
Fund a kitchen, roof, solar project, accessory dwelling unit or other eligible improvement without replacing your existing mortgage.
Simplify
Consolidate higher-cost debt
Use home equity to pay eligible credit cards or personal debt. Compare the total cost carefully and remember that your home secures the HELOC.
Invest
Education, reserves or another goal
Access funds for eligible education costs, liquidity, property expenses or another planned use while keeping your current first mortgage in place.
How it works
Three straightforward steps.
Check your options
Use Brannon’s AXEN link to review available rates and terms with a soft credit inquiry.
Complete verification
If you proceed, complete the full application and provide any requested income, employment, property and identity information.
Review, close and fund
Review the final rate, fee and terms before signing. Eligible remote-online closings can shorten the funding timeline.
Common questions
AXEN HELOC FAQs
Can I use an AXEN HELOC on an investment property?
Potentially. Eligible primary residences, second homes and investment properties may qualify. Property type, condition, location, available equity and the complete application are reviewed.
Will checking my options affect my credit score?
The initial rate-and-terms check uses a soft credit inquiry that does not affect your credit score. A hard credit inquiry may be required if you continue to the formal application and underwriting process.
Does an AXEN HELOC require an appraisal?
Many eligible files use automated valuation and a property-condition review instead of a traditional appraisal. Selected lines above $400,000 require an appraisal, and additional valuation may be required when the property or file needs further review.
How quickly can it fund?
Eligible loans using a remote online notary may fund in as few as five business days after approval and verification. Timing can be longer when local recording rules, an in-person closing, a waiting period or additional documentation is required.
How much can I borrow?
Qualified borrowers may be eligible for a line up to $750,000. The available amount depends on occupancy, credit profile, property value, existing liens, combined loan-to-value, income, debts, state and other underwriting requirements.
Are there fees?
An origination fee may apply and is deducted from the initial advance. Your available rate, fee, net proceeds and other terms are shown before closing. Ask Brannon to review the complete offer before proceeding.
How do future draws work?
As principal is repaid, eligible funds may become available to draw again during the draw period. Each additional draw may have a new fixed rate based on the applicable index and margin at that time, so it may be higher than the rate on the initial advance.
Ready to see your options?
Check your AXEN HELOC rate and terms online.
Start with a soft credit inquiry. No commitment to proceed.